Apartment 16 4 Rea Place

    APARTMENT 16 4, REA PLACE, BIRMINGHAM, B12 0NP

    This flat/maisonette leasehold property on Rea Place last sold in January 2023 for £103,000. Based on price growth in the B12 district since then, its estimated current value is £108,771 — placing it in the 5th percentile nationally and the 4th percentile within B12. The property covers 58 m² (624 sq ft), giving an estimated value of £1,875 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £103,000

    Jan 2023

    Estimated Valuation

    £108,771

    Est. £/sq ft

    £174/sq ft

    £1,875/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateNov 2023
    WallsSystem built, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    18 Jan 2023

    £103,000

    20 Jan 2017

    £139,500

    Key Metrics

    Estimated valuation£108,771
    Value per sq ft / m²£174/sq ft (£1,875/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B12 district percentile4th percentile
    National percentile5th percentile

    District Context — B12

    B12 covers parts of Birmingham's inner-city neighbourhoods, positioned centrally within the city. It is a densely populated, diverse area with a significant proportion of younger families and working-age residents.

    Average Property Price - B12

    £234,282

    22

    National percentile

    Average Net Household Income - B12

    £29,269

    6

    National percentile

    10-Year Annualised Price Growth - B12

    6.2%

    97

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B12

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